Tuniu(US:TOUR) Zhi Tong Cai Jing·2025-09-24 02:29Core Viewpoint - Tuniu (TOUR.US) faces delisting risk due to its stock price being below $1 for 30 consecutive trading days, with a compliance period until November 17, 2025, to regain compliance [1] Group 1: Stock Performance and Compliance - Tuniu has received a delisting notice from Nasdaq for the third time since January and August of the previous year, indicating ongoing compliance issues [1] - The stock price has remained below $1 since May 19, with a brief spike to $1.01 on June 11, followed by a decline to a low of $0.75 on August 8 [1] - The stock price has shown a tendency to follow performance trends, with a significant drop in trading volume indicating a strong consensus among investors [3][5] Group 2: Financial Performance - Tuniu's Q2 2025 financial report showed a net revenue of approximately 135 million yuan, a 15% year-over-year increase, but a 66% decrease in net profit [5] - The increase in revenue was driven by a 26.3% growth in group travel services, reflecting a recovery in consumer demand for travel products [5][7] - The company's operating costs rose significantly, with a 50.2% increase in revenue costs and a 58% increase in operating expenses, indicating a focus on expansion and market promotion [5] Group 3: Market Trends and Future Outlook - The upcoming "Golden Week" holiday is seen as a critical factor for Tuniu's Q3 performance and potential stock price recovery [2][6] - Data from the Ministry of Culture and Tourism indicates a steady increase in domestic travel during key holidays, suggesting a robust recovery in the tourism market [8] - Recent trends show a significant increase in hotel and flight searches, indicating strong consumer interest in travel for the upcoming holidays [10] - Tuniu's board has approved a new share repurchase plan of up to $10 million, which, combined with the potential for strong market performance, may positively impact the stock [10]